Wall Street Zen Upgrades AMN Healthcare Services (NYSE:AMN) to “Buy”

AMN Healthcare Services (NYSE:AMN) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Other equities analysts also recently issued research reports about the stock. Bank of America reduced their target price on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research note on Wednesday, September 10th. Citizens Jmp raised their price objective on shares of AMN Healthcare Services from $22.00 to $24.00 and gave the stock a “market outperform” rating in a report on Friday, November 7th. Truist Financial lifted their price objective on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the company a “buy” rating in a research note on Monday, October 13th. Zacks Research downgraded AMN Healthcare Services from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $21.75.

AMN Healthcare Services Stock Performance

Shares of AMN opened at $15.83 on Friday. The firm has a market cap of $607.98 million, a PE ratio of -2.04 and a beta of 0.19. The stock’s fifty day moving average price is $19.19 and its two-hundred day moving average price is $20.05. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 1.00. AMN Healthcare Services has a 1 year low of $14.86 and a 1 year high of $30.49.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.20. AMN Healthcare Services had a positive return on equity of 11.09% and a negative net margin of 10.75%.The company had revenue of $634.50 million during the quarter, compared to the consensus estimate of $618.08 million. During the same quarter in the prior year, the company earned $0.61 EPS. The firm’s quarterly revenue was down 7.7% compared to the same quarter last year. AMN Healthcare Services has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that AMN Healthcare Services will post 1.33 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strengthening Families & Communities LLC boosted its holdings in shares of AMN Healthcare Services by 238.5% in the 3rd quarter. Strengthening Families & Communities LLC now owns 1,713 shares of the company’s stock worth $33,000 after purchasing an additional 1,207 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of AMN Healthcare Services by 3,142.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company’s stock valued at $37,000 after acquiring an additional 1,477 shares during the period. Caption Management LLC increased its holdings in AMN Healthcare Services by 400.0% during the 1st quarter. Caption Management LLC now owns 2,500 shares of the company’s stock valued at $61,000 after purchasing an additional 2,000 shares during the period. Johnson Financial Group Inc. purchased a new position in shares of AMN Healthcare Services during the third quarter valued at approximately $63,000. Finally, Tower Research Capital LLC TRC increased its position in AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after purchasing an additional 1,020 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.